Nobody wants a second wave. The market starts the week on the upside again. Investors like the get back to work trend and there are several forecasts of imminent recovery for the economy. Secretary mnuchin says there will be a rebound july, august and september. The dow is looking at a 200 point gain first thing this morning. Thats close to 1 . A nice gain for the s p, close to 1 . The nasdaq will be up over a half percentage point. Now, the reason the nasdaq is up, because of this. This week, many Big Tech Companies report their financial position. Strong results expected because the virus lockdown has a more limited effect on these companies. Premarket, most of them are up. But look at oil. No joy for the drillers. They are looking at 12 a barrel and the worldwide glut shows no sign of easing. Over the weekend, the price slump claimed another victim, diamond shamrock. The drillers declared bankruptcy. The price of gas still falling, albeit slowly, about one cent down a day. The avera
Pandemic. Here in the bay area, there were more than 6900 cases and 239 deaths. And yesterday, the governor said more testing needs to be done until we considered lifting the shelter in place. The governor is about to speak. Lead by the extraordinary leadership, the by approximate the governor of illinois. 21 out of the 24 largest student loan servicers in the state of california have agreed to a 90day foreperson on student loan debt. Impacting over 1. 1 californians with loan debt. No burden now placed on them over the next 90 days. No impact to their credit rating. No late fees or fines and actual support on terms of getting new payment plans in place for future process. I want to the 24 or 24 23 or 24 service for their willingness to step out and help support those that are struggling to pay their student loan debts. The second debt announcement we wanted to make is in relationship to the cares act. Many of you have received checks from the cares act. Some individuals received 1200
We told you it was coming, and on monday the Navy Hospital ship comfort docked in manhattan to the applause of new yorkers who were careful to adhere to the social distancing rules and avoided newly announced fines of up to 500. The ship has 1,000 beds and 12 operating rooms. Starting today it will take on noncovid19 patients to ease the pressure on local hospitals. Turning now to the conflicting messages weve been hearing lately about Wearing Masks. Hospitals are now straining under a dire shortage, but scientists overseas are now suggesting americans should have been Wearing Masks all along. Heres abcs steve osunsami. Reporter Health Authorities in asia, where the numbers of covid19 cases are improving, say that americans have it all wrong with face masks. The head of the Chinese Center for Disease Control tells Science Magazine the big mistake in the u. S. And europe is people arent Wearing Masks. Many people have asymptomatic or re har research ectis i thadrop scientist at universi
Morning. Im jillian mele. Good to see you, sir. Good morning. I salute you with a mug. Glad to be with you. I dont have a mug to salute you. But i still salute you. This is fun. It is. I miss the couch but this will be fun. Im here. I have my mug for you. How are things in utah, jason . Theyre good, theyre good. Its a bit early. Ive got to tell you, im excited about whats happening. Weve got a lot of good people coming up today. Weve got kaley mac makananay, senator tim scott, texas torn general ken packston attorney general, ken paxton, and herman cane. He can talk about the economy, he can talk about politics. Hes got it all. Its going to be a good show. The conversation has shifted a little since i last saw you. Were talking about a number of states that are starting to loosen restrictions, that are starting to open for business. We saw that in georgia this week. The conversation is moving forward this morning. Very much so. Were looking into the month of may where a lot of people h
Speaking about the plan. We are seeing things that werent quite noticed in the big chaos of the explosion of cases first in china, then youre up and now in the United States. But now, we are starting to see things that on the one hand are puzzling but on the other hand are enlightening. I say they are enlightening because they can inform us and open up maybe more modalities of treatment. Ed some hope they are. Jonathan serrie is alive with another busy morning. Busy morning indeed. Stay at home orders are about to expire and in alabama they will allow reach way up ophthalmic Retail Stores to reopen but keep them at a Maximum Capacity of 50 . In texas they will allow stores, malls, restaurants and movie theaters to reopen at an even lower capacity. Maximum capacity of 25 . States that are beginning to reopen the economies including where i am in georgia are trying to maintain social distancing while restoring business. During this new normal we will be filing atomic following a suburban